J.Webb Wine Merchant Limited's bankruptcy filing shows a Statement of Affairs, stated and estimated by the bankrupt as at January 17, 2024, listing total assets of $150,000.00 against total liabilities of $396,867.23, for a stated deficiency of $246,867.23. Preferred and contingent liabilities are both listed at nil. Royal Bank of Canada holds a secured claim of $395,000.00 against inventory given as security on December 13, 2023, with the security estimated at $150,000.00 and the unsecured balance of that claim put at $245,000.00. Unsecured creditors listed include Enmax at $1,024.99, WCB Alberta at $564.40, PetroCanada Superpass at $209.67, Direct Energy Regulated Services at $43.17, and Canada Revenue Agency at $25.00.
The officer filed a report. The Trustee has taken possession and control of the company's wine and liquor inventory, which is being held in storage pending future sale, and preliminary review indicates asset realizations will not be sufficient to satisfy the secured debt in full.
Debtor
J.WEBB WINE MERCHANT LIMITED AND J.WEBB WINE MERCHANT ON 17TH AVENUE LIMITED
Trustee in bankruptcy
Harris & Partners
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Royal Bank of Canada · in 584 casesINV (inventory); when given: 13 Dec 2023 — Estimated value of security $150,000.00; balance of claim unsecured $245,000.00 — debtor: J.Webb Wine Merchant Limited · as of 17 Jan 2024 | $395K | Notice to Creditors (Bankruptcy) |
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured | |||
| 8 | Unsecured |
5 more claims in 1 class The stack holds Secured and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansUnsecured creditors: no distribution.EstimatedTrustee's Preliminary Report (February 29, 2024) · 29 Feb 2024
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee's Preliminary Report (February 29, 2024) · 29 Feb 2024 |
Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
Trustee's Preliminary Report (February 29, 2024)
| PDF · Subscribers | |
Notice to Creditors (Bankruptcy)
| PDF · Subscribers | |
Trustee's Preliminary Report (January 5, 2024)
| PDF · Subscribers | |
| Notice to Creditors (NOI) | PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “J.WEBB WINE MERCHANT LIMITED AND J.WEBB WINE MERCHANT ON 17TH AVENUE LIMITED” (Bankruptcy). Retrieved 5 November 2026, https://proceedings.ca/case/j-webb-wine-merchant-limited-and-j-webb-wine-merchant-on-17th-avenue-limited
Sources last checked · summary updated 13 August 2026 · Report a correction · Printed from proceedings.ca/case/j-webb-wine-merchant-limited-and-j-webb-wine-merchant-on-17th-avenue-limited
Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.